45 ERNEST STREET, Morningside, QLD 4170

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Auctioned for $645,000 (Sep 29, 2018)

Knock down build repeat


Here comes a rare opportunity to realise your vision. A perfectly situated 785m block in one of the best pockets of a burgeoning inner city suburb. This post war house could be stripped to the bones and renovated, or removed to allow for a high end home to meet the needs, wants and demands of modern living.

- 785m2 CORNER block with approximately 45m frontage

- Close to schools transport and shops

- 3 bedrooms, 1 bath

- Lockup garage

- Fully fenced

Blocks like these don’t grow on trees, just the houses that are built on them.


Morningside is one of Brisbane’s best positioned suburbs sitting within that all important 5km radius from the CBD, allowing easy access to major transport arteries and serviced by the Cleveland rail line. With a population of approximately 11,000 people the suburb is 5.4 square kilometres in size. Households are predominantly young families repaying $1800 – $2399 per month on mortgage repayments. There are all of the amenities that come with a great postcode from cafes, boutique shops and two shopping centres, to highly regarded schools. Morningside is a hotspot in the property market with a median house price of $768,500, and it continues to outperform many neighbouring suburbs in sales and growth.

We Know Your Area
R&H Suburb Profile: Morningside

R&H Suburb Summary Houses
Number of sales 140
Average Price $860,292
Median Price $820,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 148
Average Price $457,783
Median Price $455,000
Median Rental Price $428 p.w.
Change in Rental Rate (5yr) -3 %
Morningside, QLD - Median Trend